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Chanel bags in Korea: 5.7 million won
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madoka



Joined: 27 Mar 2008

PostPosted: Tue Aug 16, 2011 11:30 am    Post subject: Reply with quote

Triban wrote:
Then given the choice, you would pick a Toyota over a Ferrari because it is dependable and built to last i.e. well-made.

You cannot argue people only want Chanel purses as a status symbol when they could buy an equally nice purse for $50, minus the CC logo.


I never said ONLY. You're making this false choices where it's one or the other and nothing in-between. There are plenty of luxury goods that are well-made, reliable and considered status symbols. Porsche and Lexus come in as #1 and #2 on JD Powers reliability charts. That's is partly why I own them.
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PatrickGHBusan



Joined: 24 Jun 2008
Location: Busan (1997-2008) Canada 2008 -

PostPosted: Tue Aug 16, 2011 11:43 am    Post subject: Reply with quote

Triban wrote:
True, but in Korea they kind of see the next level, laugh hysterically at it, and go five steps beyond. They worship brand names here more than Japan used to.


Yeah like no one worships Iphone back here.... Laughing

Good lord sometimes this place (Daves) feels like it needs a solid dose of bleach to wash out the sticky bottom of the gene pool.
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cj1976



Joined: 26 Oct 2005

PostPosted: Tue Aug 16, 2011 12:05 pm    Post subject: Reply with quote

Korean women are a dream come true for marketing executives. Gullible, impressionable and slaves to fashion, these women have money to buy luxury goods because daddy or oppah help them out. It's no secret that there are a lot of vapid, superficial girls in Korea who use designer goods as a substitute for a personality, but it's their cash so what are you going to do? What strikes me most is how tacky these items look, despite their hefty price tag. It's pure nouveau riche, with people clearly purchasing unnecessarily. expensive items in a misguided bid to appear chic and urbane. Unfortunately, for many, toting a bag that costs more than a month's wages, while you are wearing a tracksuit and eating in lotteria just shows you aren't as sophisticated as you may believe.
But hey, the reason these girls look so good is because of their shallow ideals, so it's a real catch 22 deal.
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Fox



Joined: 04 Mar 2009

PostPosted: Tue Aug 16, 2011 2:28 pm    Post subject: Reply with quote

PatrickGHBusan wrote:
Triban wrote:
True, but in Korea they kind of see the next level, laugh hysterically at it, and go five steps beyond. They worship brand names here more than Japan used to.


Yeah like no one worships Iphone back here.... Laughing


Almost literally so.
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PatrickGHBusan



Joined: 24 Jun 2008
Location: Busan (1997-2008) Canada 2008 -

PostPosted: Tue Aug 16, 2011 3:05 pm    Post subject: Reply with quote

Fox wrote:
PatrickGHBusan wrote:
Triban wrote:
True, but in Korea they kind of see the next level, laugh hysterically at it, and go five steps beyond. They worship brand names here more than Japan used to.


Yeah like no one worships Iphone back here.... Laughing


Almost literally so.


Thanks...point well made.

But KOREANS are weeerrrry obsessed with brands....heck thyat guy screaming his head off in the pic as he holds an apple product must be asian or Korean but in disguise!

So must have been the hundreds of morons who lined up for a midnight event at local Best Buy here, on a cold night, to buy the newest IPhone....all koreans in disguise. Laughing
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Steelrails



Joined: 12 Mar 2009
Location: Earth, Solar System

PostPosted: Tue Aug 16, 2011 3:06 pm    Post subject: Reply with quote

Fox wrote:
PatrickGHBusan wrote:
Triban wrote:
True, but in Korea they kind of see the next level, laugh hysterically at it, and go five steps beyond. They worship brand names here more than Japan used to.


Yeah like no one worships Iphone back here.... Laughing


Almost literally so.


Haven't there been two threads on Dave's dedicated to the virtues of Apple and the evils of Samsung?

But you're right people who worship Chanel are stupid.

Now people who worship 11 men chasing a ball and use it as a way to judge people- geniuses!
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Tamada



Joined: 02 Nov 2008

PostPosted: Wed Aug 17, 2011 3:42 am    Post subject: Reply with quote

cj1976 wrote:
Korean women are a dream come true for marketing executives. Gullible, impressionable and slaves to fashion, these women have money to buy luxury goods because daddy or oppah help them out. It's no secret that there are a lot of vapid, superficial girls in Korea who use designer goods as a substitute for a personality, but it's their cash so what are you going to do? What strikes me most is how tacky these items look, despite their hefty price tag. It's pure nouveau riche, with people clearly purchasing unnecessarily. expensive items in a misguided bid to appear chic and urbane. Unfortunately, for many, toting a bag that costs more than a month's wages, while you are wearing a tracksuit and eating in lotteria just shows you aren't as sophisticated as you may believe.
But hey, the reason these girls look so good is because of their shallow ideals, so it's a real catch 22 deal.


Great post. Money or not, many of the locals have zero class.
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PatrickGHBusan



Joined: 24 Jun 2008
Location: Busan (1997-2008) Canada 2008 -

PostPosted: Wed Aug 17, 2011 7:16 am    Post subject: Reply with quote

Tamada wrote:
cj1976 wrote:
Korean women are a dream come true for marketing executives. Gullible, impressionable and slaves to fashion, these women have money to buy luxury goods because daddy or oppah help them out. It's no secret that there are a lot of vapid, superficial girls in Korea who use designer goods as a substitute for a personality, but it's their cash so what are you going to do? What strikes me most is how tacky these items look, despite their hefty price tag. It's pure nouveau riche, with people clearly purchasing unnecessarily. expensive items in a misguided bid to appear chic and urbane. Unfortunately, for many, toting a bag that costs more than a month's wages, while you are wearing a tracksuit and eating in lotteria just shows you aren't as sophisticated as you may believe.
But hey, the reason these girls look so good is because of their shallow ideals, so it's a real catch 22 deal.


Great post. Money or not, many of the locals have zero class.


Wow and you have tons of it based on that comment of yours....
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Triban



Joined: 14 Jul 2009
Location: Suwon Station

PostPosted: Wed Aug 17, 2011 9:57 am    Post subject: Reply with quote

Patrick your posts are equal in class to the most esteemed posters on Dave's. Congratulations, you just ruined your own argument.

People that judge people are bad, but when I judge people it's okay, because it's me!

Bravo. Touchdown. Two Thumbs up.

I assume you will be back for an encore.
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Triban



Joined: 14 Jul 2009
Location: Suwon Station

PostPosted: Wed Aug 17, 2011 10:03 am    Post subject: Reply with quote

madoka wrote:
Triban wrote:
Then given the choice, you would pick a Toyota over a Ferrari because it is dependable and built to last i.e. well-made.

You cannot argue people only want Chanel purses as a status symbol when they could buy an equally nice purse for $50, minus the CC logo.


I never said ONLY. You're making this false choices where it's one or the other and nothing in-between. There are plenty of luxury goods that are well-made, reliable and considered status symbols. Porsche and Lexus come in as #1 and #2 on JD Powers reliability charts. That's is partly why I own them.


Actually Toyota has been voted most dependable and that Lexus, yeah, the mechanics...are Toyota. My father is a mechanic, I know. Lexus was intended to be the US luxury version of Toyota. The same cars built with the Lexus name were sold as Toyota's in other countries until 2006. That was done for the perception of a Luxury brand, even though the cars were the same as the Toyota's. It is all in a brand name. The Lexus warranty is better and they stand behind the cars a little better than Toyota does though. Toyota MAKES Lexus engines; the only difference is some engines are made for Lexus specifically, but most components are the same, just like PC vs. Mac.

And yes, people go apeshit over technology, but it isn't as comparable as you would lead someone to believe. Things like the iphone are beyond useful, while a bag only carries things. Furthermore, the iphone is about...let's see...$4,500 less expensive than a Chanel purse. Also, when the iphone and Galaxy S came out in Korea there was a long waitlist, people couldn't get them for a month. I do not see the difference. Korea does not possess many smart consumers, that is fact. Why do you think Korean middlemen can charge $30 for watermelons, $15 for cherries and blueberries, etc etc...because people still buy them, no questions asked.

I buy things, but I am fiscally responsible. I have saved 30 million in two years, which I believe to be a good margin. Perhaps that is why I cannot wrap my head around this.
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madoka



Joined: 27 Mar 2008

PostPosted: Wed Aug 17, 2011 10:49 am    Post subject: Reply with quote

Fox wrote:

No, I am not. In fact, if you actually read what I wrote, you would see that I am actively arguing that there are not only different reasons one might enjoy something, but qualitatively different forms of enjoyment. Calling that one-dimensional is wrong to a confusing degree. The post I was rebutting put forward a one-dimensional-vision of enjoyment, not mine own.


Nope. I've re-read what you wrote and I stand by what I wrote. You are attributing only one variable to why someone would want the bag, when there are many. You believe the bag loses ALL desirability, which is simply wrong. Regardless of price, the nicer bag will be much better constructed than your utilitarian bag, which is a qualitative difference you are intent on ignoring to advance your argument.
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madoka



Joined: 27 Mar 2008

PostPosted: Wed Aug 17, 2011 10:54 am    Post subject: Reply with quote

isisaredead wrote:

and no, of course i didn't mean ALL korean women, you genius. i would bet my life savings, however, that the above is not an isolated incident, considering quite a few korean women i've met are shallow, pathetic human beings who are obsessed with image. not much different from a few of the dumb american women i've met, but still...


Looks like I hit a nerve there. Not my fault you strike out with both Korean and American women. Seems pretty obvious why you do. Have you considered Axe bodyspray and Ed Hardy shirts? marsavalanche claims it works for him. Laughing
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madoka



Joined: 27 Mar 2008

PostPosted: Wed Aug 17, 2011 11:28 am    Post subject: Reply with quote

Triban wrote:
Korea does not possess many smart consumers, that is fact. Why do you think Korean middlemen can charge $30 for watermelons, $15 for cherries and blueberries, etc etc...because people still buy them, no questions asked.

I buy things, but I am fiscally responsible. I have saved 30 million in two years, which I believe to be a good margin. Perhaps that is why I cannot wrap my head around this.


Have you ever gone shopping in a mall in Beverly Hills or Orange County? They have things there that make Chanel bags look reasonable. A few months ago a student of mine gave me some Hermes accessories as a present. Later when I was at the mall with a Hermes store, I checked it out. Turns out a scarf she bought me was $1200. That was in line with the ugly jacket they had on the clearance rack for $9350:

http://i51.tinypic.com/33be9tu.jpg

The entire store was priced that way. $2000 for a polo shirt, $800 for a towel. And the store was busy. Does that make all American shoppers even dumber than Koreans? Ironically, the people that are rich enough to afford to buy such items are probably quite intelligent.
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edwardcatflap



Joined: 22 Mar 2009

PostPosted: Wed Aug 17, 2011 1:45 pm    Post subject: Reply with quote

Quote:
The entire store was priced that way. $2000 for a polo shirt, $800 for a towel. And the store was busy. Does that make all American shoppers even dumber than Koreans? Ironically, the people that are rich enough to afford to buy such items are probably quite intelligent.


Generally the richer people get and the less they have to think about how much they are spending, the more they get ripped off in certain areas. It's on a kind of sliding scale. Thus a business class seat on a plane costs twice what an economy seat costs and a first class seat costs five times as much. Everybody knows the business class seat is not really worth double what an economy seat costs and a first class seat is nowhere near five times better but when people reach a certain level of wealth where spending 10,000 pounds on a single flight doesn't really affect them, they tend to pay for 'the best' in each area of their lives without thinking of how much value for money they are actually getting. I'd say if you pressed them on the subject they would admit that they were being blatently ripped off most of the time but they would probably reply that they want 'the best' regardless of the cost so are happy to go along with it for convenience sake.
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World Traveler



Joined: 29 May 2009

PostPosted: Wed Aug 17, 2011 1:46 pm    Post subject: Reply with quote

Quote:
Like their peers in Japan and China, Korean women love luxury items. Here�s one way to gauge just how much: there�s a secondhand market for Chanel and other brand-name paper shopping bags.

Such transactions are easily found on second-hand online shopping sites, where brand-name paper bags are traded for as much as $30.

A glance at bags for sale today shows one seller with four different kinds of paper bags from Burberry to Louis Vuitton at price tags around 25,000 won ($23). Another seller has a Burberry paper bag on sale at a more modest price of 5,000 won.

We managed to contact with the latter, who would only give her last name, Jang.

�In the past, I just threw away these paper bags. But I will keep them if this gets sold,� Mrs. Jang said, adding that it is her first attempt to sell such an item online.

Asked about what�s so special about these paper bags, she replied: �On top of the glossy logo, the paper is thicker and more solid compared to regular paper bags.�

Hwang Sang-min, a psychology professor at Yonsei University, said the phenomenon is similar to a willingness to buy counterfeit branded goods.

�But what is striking is that people actually spend money on mere paper bags,� he said.

The trend might yet be fleeting.

�Just like key rings or cell phone accessories from luxury brand names used to be popular, now the trend has moved to paper bags,� said Sung Young-shin, a professor of consumer psychology of Korea University.

She also explained why luxury is so popular in Korea regardless of income.

�In Korea�s collective culture, consumption is not just personal behavior. It is not so much about my need as it is about whether other people in my peer group have it. So if your next door neighbor has it, you should have it too,� she said.


http://blogs.wsj.com/korearealtime/2011/08/17/one-example-of-how-much-koreans-love-luxury/
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